How Much Can Solar Save in Mackinaw?

Real numbers based on current Ameren Illinois rates and Illinois incentives.

$135
Current Bill/mo
$142
Est. Lease + Battery
7.5 yrs
Payback Period
$36,341
25-Year Savings

What You're Paying Now

Without solar, here's what Ameren Illinois electricity will cost you over time at 6% annual rate increases.

Monthly Bill

$135

Annual Cost

$1,620

25-Year Cost (No Solar)

$88,881

Your Solar Investment

7.5 kW System

$21,750

$11,993

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$7,507

With vs Without Solar in Mackinaw

MetricWithout SolarWith Solar
Monthly Cost$135/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-20/mo
5-Year Cost$8,748$7,920
25-Year Cost$88,881$52,540
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$36,341

Without Solar
With Solar
Year 1
$1,620
$1,859
Year 2Payback Year
$3,337
-$3,766
Year 5
$9,132
$2,043
Year 10
$21,353
$12,398
Year 15
$37,707
$23,907
Year 20
$59,593
$37,060
Year 25
$88,881
$52,539
YearWithout SolarWith SolarCumulative Savings
Year 1$1,620$1,859-$239
Year 2Payback$3,337-$3,766$7,103
Year 3$5,157-$1,858$7,016
Year 4$7,087$77$7,010
Year 5$9,132$2,043$7,089
Year 6$11,300$4,040$7,260
Year 7$13,598$6,071$7,527
Year 8$16,034$8,140$7,894
Year 9$18,616$10,247$8,368
Year 10$21,353$12,398$8,955
Year 11$24,254$14,594$9,660
Year 12$27,329$16,840$10,490
Year 13$30,589$19,138$11,451
Year 14$34,044$21,492$12,552
Year 15$37,707$23,907$13,800
Year 16$41,589$26,388$15,202
Year 17$45,705$28,938$16,767
Year 18$50,067$31,563$18,504
Year 19$54,691$34,268$20,423
Year 20$59,593$37,060$22,533
Year 21$64,788$39,943$24,845
Year 22$70,296$42,926$27,370
Year 23$76,133$46,014$30,119
Year 24$82,321$49,216$33,105
Year 25$88,881$52,539$36,341

Start Saving in Mackinaw

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Ameren Illinois rates projected to rise again next year. Lock in savings now.